Bank of the First Republic FRC has outperformed the market by 4.55% on an annual basis over the past 15 years and has produced a compound annual return of 10.57%. Currently, First Republic Bank has a market cap of $21.21 billion.
Purchase of $1000 in FRC: If an investor bought $1,000 worth of FRC stock 15 years ago, it would be worth it $4,511.08 today based on a price of $116.06 for FRC at the time of writing.
First Republic Bank’s performance over the past 15 years
Finally – what is all this? The most important takeaway to take from this article is how much of a difference compound returns can make in your cash growth over a period of time.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
